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NYSE:STAG

STAG Industrial (STAG) Stock Price, News & Analysis

STAG Industrial logo
$37.28
-0.52 (-1.38%)
(As of 10/31/2024 ET)

About STAG Industrial Stock (NYSE:STAG)

Key Stats

Today's Range
$37.27
$38.07
50-Day Range
$36.84
$40.58
52-Week Range
$32.78
$41.63
Volume
1.26 million shs
Average Volume
1.07 million shs
Market Capitalization
$6.79 billion
P/E Ratio
35.85
Dividend Yield
3.97%
Price Target
$41.50
Consensus Rating
Hold

Company Overview

STAG Industrial, Inc. is a leading real estate investment trust (REIT) specializing in acquiring, owning, and operating industrial properties across the United States. The company has become a key player in the industrial real estate market with a robust portfolio of strategically located assets. 

STAG Industrial identifies industrial properties with relative value across various locations, property types, and tenants. Its mission is to be a disciplined, relative value investor and a leading owner and operator of industrial properties in the United States. The company operates under the REIT structure, which provides tax advantages and requires it to distribute a significant portion of its income to shareholders. STAG Industrial owns a diversified portfolio of 562 buildings in 41 states, with approximately 111.7 million rentable square feet. Its portfolio consists primarily of warehouse/distribution buildings, light manufacturing buildings, flex/office buildings, and value-add portfolio buildings. With a high occupancy rate of approximately 98.5% as of December 31, 2022, the company has effectively leased its properties to a mix of single and multi-tenant tenants, ensuring a balanced revenue stream.

A highly experienced management team leads STAG Industrial with a deep understanding of the industrial real estate market. Benjamin S. Butcher is the Executive Chairman, providing strategic guidance and industry expertise. William R. Crooker, the Chief Executive Officer and President, brings strong leadership and a track record of success in the industrial property sector. 

STAG Industrial has demonstrated consistent growth and financial strength. In recent years, the company has achieved impressive revenue and earnings figures. Furthermore, STAG Industrial maintains a healthy profit margin, indicating efficient property management and operational excellence. The company's prudent capital structure, with a low debt-to-equity ratio, demonstrates a balanced approach to financing its operations.

The industrial real estate market is vital to the broader commercial real estate sector, and STAG Industrial operates within a highly competitive landscape. The demand for industrial properties has increased, driven by factors such as e-commerce growth, supply chain optimization, and the expansion of logistics and distribution networks. As companies strive to meet the evolving needs of consumers, the demand for strategically located warehouses and distribution centers has increased significantly.

STAG Industrial is well-positioned in this dynamic market, with its diverse portfolio of industrial properties spread across key locations throughout the United States. The company's focus on acquiring properties offering relative value allows it to capitalize on market opportunities and enhance its competitive advantage. By maintaining a solid tenant mix and avoiding dependence on any single tenant or industry, STAG Industrial mitigates risks associated with tenant turnover or industry-specific downturns.

STAG Industrial has identified several growth opportunities that can fuel its future success. The company aims to leverage its expertise and market knowledge to identify and acquire industrial properties with strong income-generating potential. The ongoing expansion of e-commerce and the increasing demand for last-mile delivery facilities present significant growth prospects. STAG Industrial can seize these opportunities by strategically acquiring properties near densely populated areas or regions with robust logistics and distribution networks.

Additionally, the company can pursue growth through portfolio optimization and value-add initiatives. By re-leasing single-tenant properties to multiple tenants or implementing property improvements, STAG Industrial can enhance rental income and property value. The company's fully-integrated acquisition, leasing, and asset management platform and experienced management team provide a solid foundation for executing these growth strategies.

While STAG Industrial has demonstrated resilience and growth potential, it is not immune to risks and challenges inherent in the industry. Changes in economic conditions, including recessions or slowdowns, could impact the demand for industrial properties and potentially affect the company's rental income and occupancy rates. Moreover, regulatory changes, environmental regulations, or zoning restrictions could create hurdles in property acquisitions and operations.

Additionally, STAG Industrial faces competition from other REITs, institutional investors, and private equity firms active in the industrial real estate market. Intense competition could impact property acquisition opportunities and potentially affect rental rates. The company must continue to identify and acquire properties that offer value and maintain a disciplined approach to portfolio management.

STAG Industrial Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
88th Percentile Overall Score

STAG MarketRank™: 

STAG Industrial scored higher than 88% of companies evaluated by MarketBeat, and ranked 286th out of 942 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    STAG Industrial has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    STAG Industrial has only been the subject of 4 research reports in the past 90 days.

  • Read more about STAG Industrial's stock forecast and price target.
  • Earnings Growth

    Earnings for STAG Industrial are expected to grow by 5.88% in the coming year, from $2.38 to $2.52 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of STAG Industrial is 35.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.66.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of STAG Industrial is 35.85, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.69.

  • Price to Book Value per Share Ratio

    STAG Industrial has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about STAG Industrial's valuation and earnings.
  • Percentage of Shares Shorted

    3.78% of the outstanding shares of STAG Industrial have been sold short.
  • Short Interest Ratio / Days to Cover

    STAG Industrial has a short interest ratio ("days to cover") of 7.5.
  • Change versus previous month

    Short interest in STAG Industrial has recently decreased by 3.64%, indicating that investor sentiment is improving.
  • Dividend Leadership

    STAG Industrial is a leading dividend payer. It pays a dividend yield of 3.99%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    STAG Industrial has been increasing its dividend for 6 years.

  • Dividend Coverage

    The dividend payout ratio of STAG Industrial is 142.31%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, STAG Industrial will have a dividend payout ratio of 58.73% next year. This indicates that STAG Industrial will be able to sustain or increase its dividend.

  • Read more about STAG Industrial's dividend.
  • Percentage of Shares Shorted

    3.78% of the outstanding shares of STAG Industrial have been sold short.
  • Short Interest Ratio / Days to Cover

    STAG Industrial has a short interest ratio ("days to cover") of 7.5.
  • Change versus previous month

    Short interest in STAG Industrial has recently decreased by 3.64%, indicating that investor sentiment is improving.
  • News Sentiment

    STAG Industrial has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 15 news articles for STAG Industrial this week, compared to 6 articles on an average week.
  • Search Interest

    Only 15 people have searched for STAG on MarketBeat in the last 30 days. This is a decrease of -6% compared to the previous 30 days.
  • MarketBeat Follows

    9 people have added STAG Industrial to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, STAG Industrial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,386,520.00 in company stock.

  • Percentage Held by Insiders

    Only 1.10% of the stock of STAG Industrial is held by insiders.

  • Percentage Held by Institutions

    88.67% of the stock of STAG Industrial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about STAG Industrial's insider trading history.
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STAG Stock News Headlines

Barclays Cuts STAG Industrial (NYSE:STAG) Price Target to $40.00
Election warning coming true…
If you missed it, my emergency election broadcast is now available - watch it before it's too late.
Stag Industrial reports Q3 core FFO 60c, consensus 59c
Pfizer Inc. Q3 Earnings Summary
Stag Industrial (STAG) Receives a Hold from Barclays
Stag Industrial price target lowered to $40 from $42 at Barclays
See More Headlines

STAG Stock Analysis - Frequently Asked Questions

STAG Industrial's stock was trading at $39.26 on January 1st, 2024. Since then, STAG stock has decreased by 5.0% and is now trading at $37.2850.
View the best growth stocks for 2024 here
.

STAG Industrial, Inc. (NYSE:STAG) issued its quarterly earnings data on Tuesday, May, 3rd. The real estate investment trust reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.52 by $0.22. The company's quarterly revenue was up 18.8% on a year-over-year basis.

Top institutional shareholders of STAG Industrial include Boston Trust Walden Corp (1.38%), New York State Common Retirement Fund (0.51%), Leeward Investments LLC MA (0.30%) and Principal Financial Group Inc. (0.23%). Insiders that own company stock include Virgis Colbert, Jaclyn Paul, Benjamin S Butcher, William R Crooker and Jeffrey M Sullivan.
View institutional ownership trends
.

Shares of STAG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that STAG Industrial investors own include InterDigital (IDCC), Bank of Hawaii (BOH), Realty Income (O), AT&T (T), AbbVie (ABBV), NVIDIA (NVDA) and Meta Platforms (META).

Company Calendar

Last Earnings
5/03/2022
Today
10/31/2024
Ex-Dividend for 11/15 Dividend
10/31/2024
Dividend Payable
11/15/2024
Ex-Dividend for 12/16 Dividend
11/29/2024
Dividend Payable
12/16/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/11/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Industrial REITs
CUSIP
85254J10
Employees
90
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$41.50
High Stock Price Target
$45.00
Low Stock Price Target
$39.00
Potential Upside/Downside
+11.3%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
8 Analysts

Profitability

Net Income
$192.85 million
Pretax Margin
20.93%

Debt

Sales & Book Value

Annual Sales
$707.84 million
Cash Flow
$2.61 per share
Book Value
$18.98 per share

Miscellaneous

Free Float
180,107,000
Market Cap
$6.79 billion
Optionable
Optionable
Beta
1.09
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This page (NYSE:STAG) was last updated on 10/31/2024 by MarketBeat.com Staff
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